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Homework answers / question archive / In the long? run, all firms in a perfectly competitive industry? (assuming they have the same cost? curves) will be earning__ profits and will be producing at the ___ point of their?short-run ___ curve and the ___ point of their? long-run____ curve

In the long? run, all firms in a perfectly competitive industry? (assuming they have the same cost? curves) will be earning__ profits and will be producing at the ___ point of their?short-run ___ curve and the ___ point of their? long-run____ curve

Economics

In the long? run, all firms in a perfectly competitive industry? (assuming they have the same cost? curves) will be earning__ profits and will be producing at the ___ point of their?short-run ___ curve and the ___ point of their? long-run____ curve.

1/zero/positive/negative

2/maximum/minimum

3/average total cost marginal cost

4/maximum/minimum

5/average total cost marginal cost

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